"An element of bias against Israel": Qatar's foothold in Hollywood

The mega-merger between Paramount and Warner Bros. Discovery, completed at a valuation of $111 billion, revealed massive investments by Gulf sovereign wealth funds totaling over $24 billion. The article examines the foothold of Saudi Arabia and Qatar in Hollywood, the appointment of Israeli Yinnon Kreiz as co-CEO, and concerns over anti-Israel bias and image whitewashing.

The merger between Paramount and Warner Bros. Discovery, completed last week at a valuation of $111 billion, created the media conglomerate 'Skydance'. Over $24 billion of the equity was injected by Gulf sovereign wealth funds: Saudi Arabia's Public Investment Fund (PIF) invested about $12 billion, while Qatar's QIA and Abu Dhabi's fund each invested about $6 billion. Israeli-American businessman Yinnon Kreiz was appointed co-CEO alongside David Ellison. The article examines the foothold of Saudi Arabia and Qatar in Hollywood, citing Prof. Yossi Mann of Bar-Ilan University, who analyzes the political and economic motives behind the investments, and the concern over anti-Israel bias and image whitewashing.